Kinetic Partners Management LP Purchases New Stake in Woodward, Inc. $WWD

Kinetic Partners Management LP acquired a new position in Woodward, Inc. (NASDAQ:WWD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 299,398 shares of the technology company’s stock, valued at approximately $127,376,000. Woodward accounts for approximately 3.0% of Kinetic Partners Management LP’s investment portfolio, making the stock its 9th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bard Associates Inc. bought a new position in shares of Woodward in the 2nd quarter valued at about $28,000. Aster Capital Management DIFC Ltd acquired a new stake in Woodward during the 4th quarter worth $35,000. Elevation Wealth Partners LLC grew its holdings in Woodward by 550.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock worth $39,000 after acquiring an additional 77 shares during the period. Parallel Advisors LLC raised its position in shares of Woodward by 82.5% during the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $41,000 after acquiring an additional 52 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Woodward during the 4th quarter valued at $61,000. 81.18% of the stock is owned by institutional investors.

Insider Transactions at Woodward

In other news, Director Daniel G. Korte sold 14,700 shares of Woodward stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following the transaction, the director owned 4,434 shares in the company, valued at $1,578,725.70. The trade was a 76.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Shawn M. Mclevige sold 2,150 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $356.82, for a total value of $767,163.00. Following the completion of the transaction, the executive vice president owned 3,098 shares of the company’s stock, valued at $1,105,428.36. This represents a 40.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.71% of the company’s stock.

Woodward Price Performance

Shares of WWD stock opened at $339.66 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.65 and a debt-to-equity ratio of 0.25. Woodward, Inc. has a 12-month low of $233.31 and a 12-month high of $450.92. The firm has a fifty day moving average of $392.84 and a 200-day moving average of $380.53. The firm has a market capitalization of $20.06 billion, a price-to-earnings ratio of 37.78, a price-to-earnings-growth ratio of 1.95 and a beta of 0.88.

Woodward (NASDAQ:WWD) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, topping the consensus estimate of $2.44 by $0.08. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The firm’s revenue was up 21.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. On average, equities research analysts forecast that Woodward, Inc. will post 9.46 earnings per share for the current year.

Woodward Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Woodward’s dividend payout ratio (DPR) is currently 14.24%.

Wall Street Analysts Forecast Growth

WWD has been the topic of several recent research reports. Royal Bank Of Canada reduced their price target on Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. TD Cowen upped their price objective on Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a report on Monday, July 13th. Susquehanna initiated coverage on Woodward in a research note on Tuesday, May 26th. They issued a “positive” rating and a $423.00 target price on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. Finally, Wall Street Zen cut Woodward from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $419.00.

Woodward Profile

Woodward, Inc (NASDAQ: WWD) is a global leader in the design, manufacture and service of control systems and components for the aerospace and industrial markets. Founded in 1870 and headquartered in Fort Collins, Colorado, the company specializes in motion control, fuel systems, actuation, and digital control solutions. Its offerings enable precision management of flow, pressure and motion in critical applications ranging from aircraft engines and power turbines to hydraulic systems.

Woodward’s product portfolio is organized into two primary segments: Aerospace and Industrial.